Free Account Opening + AMC Free Demat
Loading...

Insecticides India Buyback vs Smartlink Holdings Buyback

Comparision between Insecticides India Buyback and Smartlink Holdings Buyback.

Buyback Details

Insecticides India Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Smartlink Holdings Buyback is a Tender Offer proposed to list at BSE, NSE.

  Insecticides (India) Limited Smartlink Holdings Limited
Logo Insecticides India Buyback Logo Smartlink Holdings Buyback Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹2 per share
Buyback Price ₹575 per share ₹95 per share
Issue Size 33,25,000 shares
Issue Size (Amount) ₹60.00 Crores ₹31.59 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 4 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Share out of every 4 Equity Shares held on the Record Date.
Registrar Alankit Assignments Ltd Kfin Technologies Limited
Lead Managers Jm Financial Limited ICICI Securities Limited
Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) Return surplus funds to the shareholders;
ii) Improve return on equity; and
iii) Improve earnings per share by reducing the equity base.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity to enhance shareholder value in the long term.

Buyback Timetable

Insecticides India Buyback and Smartlink Holdings Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Insecticides India Buyback Buyback record date is . Smartlink Holdings Buyback Buyback record date is Mar 01, 2021.

  Insecticides (India) Limited Smartlink Holdings Limited
Record Date Mar 01, 2021
Offer Open Date Apr 12, 2021 Apr 30, 2021
Offer Closure Date Oct 11, 2021 May 14, 2021
Last date for receipt of tender forms May 17, 2021
Finalisation of buyback May 21, 2021
Last Date for settlment of bids May 25, 2021
Last Date for extinguishment of shares Jun 01, 2021

Financial Details and Other Relevent Information

Comparison of Insecticides India Buyback and Smartlink Holdings Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Insecticides (India) Limited Smartlink Holdings Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 136,578.51 119,425.31 110,963.53
Profit After Tax 8,604.06 12,240.67 8,397.36
Net Worth 73,225.47 66,143.27 54,387.14
Summary of financial Information (consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 757.02 1,080.57 984.49
Profit After Tax (142.66) (29.49) (33.08)
Net Worth 1,793.67 2,510.38 3,123.37
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 508.00 405.00 457.06
Feb-2021 536.80 440.00 474.25
Jan-2021 522.35 421.50 481.37

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 92.40 83.50 88.41
Jan-2021 92.00 84.30 87.96
Dec-2021 107.45 72.60 90.36
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 509.50 405.10 456.75
Feb-2021 537.85 450.15 474.36
Jan-2021 523.00 449.60 481.26

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 92.60 86.50 88.24
Jan-2021 92.00 84.30 87.96
Dec-2021 107.45 72.60 90.36

Comments

Add a public comment...